How the Face of Cold Chain Industry in Philippines is Changing with Evolvement of Automation and Blast Freezing Services: Ken Research

It was in 2002 when the Philippines cold chain the business really picked up the momentum; And despite the industry accounting only 0.08% of the total GDP in 2019, the demand for cold storage and transport services has been growing year-on-year. Foundations of cold chain industry of the Philippines date back to the 1980s when high average annual temperature ranging from 21C to 32C augmented the demand for low-temperature control storages, spurring the emergence of cold chain companies. Among the first few companies were Royal Cargo and Vifel Ice Plant which began providing cold chain services to their clients.

A cold storage the warehouse is an establishment that is capable of providing a temperature range of +10C to -25C to its customers. It is capable of storing a variety of products ranging from fruits, vegetables, bakery and confectionery to meat, seafood and pharmaceuticals. While the earlier cold storages were concentrated more in the rural areas and near the site of food production, modern-day facilities have begun founding themselves in the heart of the country including densely populated areas of Metro Manila, Metro Cebu, and Central Luzon.

The fast-growing cold chain business in the Philippines that we are witnessing today has been driven by the contribution of both government and private sectors. The formation of CCAP (Cold Chain Association of Philippines) in 2002 with over 100 captive and non-captive companies as members and the Philippines National Cold Chain Program launched in 2004 by USDA Food for Progress has been among the key defining moments for this industry. Additionally, by introducing infrastructure development plans such as Philippine Nautical Highway System and RORO systems in 2015, the Filipino governments have time and again indicated their reliance and focus on improving the logistics of a sector, driven by cold storage and transport businesses.

Newest members of the cold chain business in the Philippines are blast freezing services and automated cold storage warehouses. Blast freezing is a process of quick-freezing products such as meat and seafood at a temperature range of -30C to -40C in a cycle usually 4 to 5 hours long in dedicated rooms ranging 4 to 5 pallets incapacity. While companies such as Jentec and Glacier are already gaining ground for this service in the market, several others including Mets and Big Blue Logistics are planning to incorporate such technologies as a part of their future business strategies. Similarly, automated cold storage have also begun entering the cold chain industry with ORCA Cold Chain opening its first fully automated cold storage facility in February 2020. It is believed that such technological interventions incorporating ASRS (Automated Storage and Retrieval System), WMS (Warehouse Management System) and RFID (Radio Frequency Identification) will set fresh the groundswell for this industry thereby helping it grow at a projected CAGR of 9.9% during the period 2020 to 2025, making it more competitive and benefitting to the consumers.

For More Information on the research report, refer to below links: -
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/philippines-cold-chain-market-outlook-to-2025/328843-100.html

Key Segments Covered: -
Types of Products:
Meat and Seafood
Fruits and Vegetables
Dairy Products
Bakery and Confectionary
Vaccination and Pharmaceuticals
Others (Include animal feed, hotdogs, burgers, fries, chemicals, and several others)

Key Target Audience
Cold Storage Companies
Cold Chain Companies
Cold Transport Companies
Captive Cold Storage Companies
Captive Cold Chain Companies
Logistics Companies
Non-captive Companies
Cold Chain Associations
Logistics Associations
Private Equity Firms
Venture Capitalists

Time Period Captured in the Report:
Historical Period: 2014-2019
Forecasted Period: 2020F-2025F

Companies Covered:
Jentec Cold Storage
Glacier Megafridge
Mets Logistics
Royal Cargo
Big Blue Logistics
Royale Cold Storage
ORCA Cold Chain
Vifel Ice Plant & Cold Storage
Koldstor Inc.
Polar Bear Freezing Services
Frabelle Cold Storage
Arctic Cold Storage
Igloo Supply Chain
Antarctica Cold Storage
VVS Cold Storage
Crystal Cold Storage
Benson Industrial Cold Storage
JM Processing
Cold Chain Warehouse Specialist
San Simon Cold Storage
Cebu Subzero Logistics
Estrella Cold Storage
WCL Cold Storage
Technofreeze
Aspen Cold Storage

Key Topics Covered in the Report: -
Executive Summary
Research Methodology
The ecosystem of the Philippines Cold Chain Market
Infrastructural Analysis of Philippines
Value Chain Analysis of Philippines Cold Chain Market
Comparative Analysis of Philippines with Other Cold Chain Markets Philippines Cold Chain Market
Philippines Cold Storage Market
Philippines Cold Transport Market
Regulatory Landscape of Philippines Cold Chain Market
Trends and Developments in the Philippines Cold Chain Market
Issues and Challenges in Philippines Cold Chain Market
Decision Making Parameters for End Users in the Philippines Cold Chain Market
SWOT Analysis of Philippines Cold Chain Market
Competitive Landscape in Philippines Cold Chain Market
Macroeconomic Factors Impacting Philippines Cold Chain Market
Analyst Recommendations

Related Reports by Ken Research: -
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/philippines-frozen-storage-market-outlook/313762-100.html

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/philippines-logistics-warehousing-market/204159-100.html

Contact Us: -
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

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